Gold Showing Weakness Below 571.
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Will gold go Down?
Will gold go Up?
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Gold Showing Weakness Below 571.
We still see downward push. Shall see hit towards 560 level.
Hopefully those people who did Short sell at level 571 as mentioned will be in Money now
Further Analysis Under way.
posted by GoldTrade @ 6:56 AM
14 comments
14 Comments:
Gold will go down.
Due to Housing starts being so much high.
we will see 560$ today
but what can appen in asian market?
Gold will go Down at around 560 Level
Yes
i'm in gain now... but i'm not sure if it's better to close the shorts now or wait the end of the market
what do you suggest and what do you think about asian market tonight?
Thanks owais
Yes
i'm in gain now... but i'm not sure if it's better to close the shorts now or wait the end of the market
what do you suggest and what do you think about asian market tonight?
Thanks owais
Dollar is Still Strong. We shall see Gold go around 562 level and then come back up in asia level
The gold markets are still awash with emotion and volatility, making it hard for any investor to focus and in danger of seizing on the minor or irrelevant to base his ongoing views on
Marco,
We are Analyzing right now.
We have Cut off our Position at 566 Level.
I assume you have Also and are in Money.
But we still feel it will touch 560
It wont go Above 570 in NY trading, Thats the feeling Arising.
Owais
gold trade now at 570$ level
what's appening?
why goes up?
Dont Panic.
Well if you have Short sell at level i told you.
You should have closed your position by now, At 566 Level.
And have made Profits.
Now once you have closed your Position, dont enter Back Again, Survey the market for 1-2 hours and when you see good chance, then enter.
However, this is Just little Technical Adjustment Happening.
NY wont take Price Above the Range of 570 - 572
Main Thing dont Panic.
We are Analyzing also.
Tim,
What do you think ? gold will go 560 Level today? or at the opening of Asia trade, what are your views.
Phil
USA
Marco,
As i mentioned few hours back NY GOLD SPOT price will end around 570- 572 level.
We have Around 1 Hour Left Before NY Spot market closes.
I am right now Analyzing about tommorrow, Making few Charts, I will post them shortly
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Marco,
Yes, There are chances that gold will make 560 Level
I am Analyzing Few Charts, and few things, i will Post them soon.
Gold Will end today As Analyzed SUPERBLY at 570 Level.
Today Daily Chart Showed Bull Bar.
We might see Wednesday as BEAR BAR.
Analyzing it currently
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Marco,
The Gold wont go at 600 level at the moment.
But its in Preparation for it.
It will do some thing next week Or July 1st week.
But right now the way Gold went up, it tells, we will see big Dive down Wednesday.
Await to see How ASIAN Market opens.
Been technical Correction right now, Most of the people doing profit taking, for the Shorts they have done.
We shall see price move down. It will might hit 582 level - As i mentioned earlier it will hit 1 Hour - 200 Day Moving Average.
And then we will see it Double Bottom at 1 Day chart - 200 Day Moving Average.
And by that time Fed Rate will come, And things will stabilize.
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